Brazil shares higher at close of trade; Bovespa up 0.48%

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Brazil shares higher at close of trade; Bovespa up 0.48%
Credit: © Reuters. – Brazil equities were higher at the close on Wednesday, as gains in the Consumption , Real Estate and Electric Power sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 0.48% to hit a new 1-month high.

The biggest gainers of the session on the Bovespa were Lojas Americanas SA (SA: LAME4 ), which rose 4.08% or 0.67 points to trade at 17.09 at the close. Natura Cosmeticos SA (SA: NATU3 ) added 4.00% or 1.26 points to end at 32.74 and Localiza Rent a Car SA (SA: RENT3 ) was up 3.48% or 0.75 points to 22.33 in late trade.

Biggest losers included Embraer SA (SA: EMBR3 ), which lost 3.61% or 0.76 points to trade at 20.30 in late trade. Telefonica Brasil SA (SA: VIVT4 ) declined 1.72% or 0.86 points to end at 49.04 and Estacio Participacoes SA (SA: ESTC3 ) shed 0.91% or 0.31 points to 33.88.

Advancing stocks outnumbered falling ones by 262 to 130 and 43 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 1.74% to 26.31.

In commodities trading, Gold Futures for February delivery was up 0.37% or 4.70 to $1292.20 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.63% or 0.38 to hit $59.59 a barrel, while the March US coffee C contract rose 1.93% or 2.35 to trade at $124.38 .

USD/BRL was up 0.10% to 3.3158, while EUR/BRL rose 0.45% to 3.9438.

The US Dollar Index Futures was down 0.25% at 92.61.

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